NAR and several other organizations sent a coalition letter to the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) requesting that the comment period for Basel III capital rules and the potential impact upon capital and liquidity for non-financial businesses be extended 150 days, due to the complexity of the issues involved.
Coalition Letter to the Federal Reserve and the FDIC Requesting that the Basel III Comment Period be Extended
Issue Date: July 26, 2012
NAR and several other organizations sent a coalition letter to the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) requesting that the comment period for Basel III capital rules and the potential impact upon capital and liquidity for non-financial businesses be extended 150 days, due to the complexity of the issues involved.
Download the letter.